Friday, January 28, 2011

JPY:Japanese deflation has weakened slightly

A set of statistics published by the night, eventually reflected slight easing of deflationary pressure and improved labor market conditions. The index of core inflation (excluding fresh food) rose from -0.5% to -0.4% y / y, while the unemployment rate fell from 5,1% to 4,9%. Disappointment was only the sharp drop in consumer spending in December to -3.3% from -0.4% y / y in November.

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